GBP/USD steady at 1.3514 as US–Iran tensions persist; UK inflation meets forecasts, BoE hike odds rise.
SocGen expects ECB hold, then two hikes June and September; focus shifts to growth and core inflation.
EUR/GBP slid to 0.8680 as UK inflation rose, delaying BoE cuts; Eurozone confidence weakened, pressures.
US Dollar steady after Warsh hearing; Fed independence defended, no guidance; equities curb rebound, DXY struggles.
US EIA reports crude stocks up 1.925 million barrels April 17, versus expected 1.2 million-barrel decline.
USD/JPY remains rangebound as yen underperforms G10; weak trade balance noted, focus shifts to March CPI, BoJ.
Charter’s shares plunged 70%; inverse head-and-shoulders broke neckline, signaling reversal, with retest confirming support and continuation.
Iran war fuels Eurozone stagflation fears: higher energy-driven inflation through 2027, weaker growth, rising rates and risks.
S&P 500 held steady early; ceasefire lapsed and Warsh hearing spurred risk-off, then Trump extended truce.
UK March CPI held at 3.3%; energy lifted prices, services rose to 4.5%, core eased 3.1%.
Hello there 👋
On hold
Hello there 👋
Scan the QR code with your smartphone to start a chat with us, or click here.
Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.
